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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Avoid Sucker Stocks: Beware New Stock-Buying Apps

Category : Business, Stocks

NEW YORK (TheStreet) — I had to do a double take when I saw the news from TheStreet’s Gary Krakow last week.

TD Ameritrade upgraded its mobile app to include a feature — “Snapstock” — that allows customers to scan the UPC barcode on a product, download information on any public company behind the product and then buy the stock of that company right there on the spot. TD tells us that this functionality “allows investors to approach shopping through a whole new lens.” It also takes the Peter Lynch invest in what you know concept to a whole ‘nother level.

Face it — in practice, it’s really invest in what you sort of think you know, but you don’t and hope for the best. …

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Link: Avoid Sucker Stocks: Beware New Stock-Buying Apps

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TD Ameritrade, E*Trade Tout Stock Scanning Apps

Category : Business

NEW YORK (TheStreet) — If you see a product and like it enough to invest in the company you can now easily do so with your smartphone in hand.

TD Ameritrade calls their version “Snapstock”- a contraction, of sorts, of the words snapshot and stocks. And, it’s part of their newly upgraded TD Ameritrade Mobile app. Their press release says it “allows investors to approach shopping through a whole new lens.”

Snapstock uses a number of features usually found in modern-day smartphones to let you scan a product’s bar code – tell you all about the company which makes that product – and then let you purchase that company’s stock if you’re so inclined. …

Click to view a price quote on AMTD.

Click to research the Financial Services industry.

Link: TD Ameritrade, E*Trade Tout Stock Scanning Apps

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